4 ms·
I'm sorry but this anti-trust saber rattling smacks of blatant jealousy. While it is important to vigilantly protect consumer rights and the ability for smalle
by joejerryronnie 9y ago
I'm sorry but this anti-trust saber rattling smacks of blatant jealousy. While it is important to vigilantly protect consumer rights and the ability for smaller companies to compete with larger ones, the primary transgressions I'm hearing about are the fact that these companies are worth too much money and the people that work there get paid way more than I do. Traditional East Coast power centers can't stand the rising financial and political power of the West Coast. Europe is essentially trying to weaken the power base of Silicon Valley so they can have a bigger piece of the pie. And non tech workers that hear only about the glitz and glamour of 20 something silicon valley millionaires while struggling to make ends meet think to themselves "that's not fair, they shouldn't make all that money - I want some too!"
Obviously we should watch these companies (and any other company) for anti-competitive behavior and consumer rights abuses. But just because your business model and ability to execute are wildly successful doesn't mean you are breaking the law. Nobody is going to out compete these large companies at their own game, it's up to startups to shift the paradigm and introduce a brand new game the big boys don't know how to play. And remember, we as consumers signed up for the "free" internet and willingly use services in exchange for our personal data. I don't like that deal myself but I don't think the solution will come in the form of government regulators.